Ethereum slides further — testing key support levels 🔻⚡
ETH
2,927.26
+1.34%
$ETH failed to hold $2,950 and extended losses below $2,880 → $2,840, briefly testing $2,800. Price is now consolidating, but the trend remains bearish as ETH trades under $2,900 and the 100H SMA.
🔼 Upside potential:
Bulls need to reclaim $2,920–$2,960 to target $3,000, then $3,065–$3,150 if momentum returns.
🔽 Downside risk:
If resistance holds, ETH could drop further to $2,840 → $2,800, with next supports at $2,780 and $2,720, key level at $2,650.
Short-term consolidation will likely decide the next directional push. Traders should watch $2,800–$2,920 as the key battle zone.